M&M Gas — Sale in Melbourne, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Melbourne, FL 32935
  • Year built: 1982

Photos

M&M Gas — Sale in Melbourne, FL, photo 1 of 5
M&M Gas — Sale in Melbourne, FL, photo 2 of 5
M&M Gas — Sale in Melbourne, FL, photo 3 of 5
M&M Gas — Sale in Melbourne, FL, photo 4 of 5
M&M Gas — Sale in Melbourne, FL, photo 5 of 5

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a convenience store and gas station located at 2740 Sarno Road in Melbourne. Situated on approximately 0.52 acres along a heavily traveled corridor, the property features a well-positioned owner-user opportunity with multiple revenue streams and operational upside in one of Central Florida’s growing markets. The site includes approximately 1,444 square feet of building area and is improved with three fuel islands and six pumps supported by three 12,000-gallon underground storage tanks. The business reportedly averages more than 25,000 gallons in monthly fuel sales in addition to approximately $60,000 per month in inside sales. Additional revenue is generated through lottery commissions, ATM income, water, vacuum services, and other ancillary income sources. The property has benefited from several recent capital improvements, including a roof replacement completed following Hurricane Irma, HVAC systems reportedly replaced approximately two years ago, recent canopy improvements, and a recently installed walk-in cooler. Ownership also reports annual tank inspections, reflecting ongoing maintenance of the operation. Currently operated with limited staffing, the asset presents a compelling value-add opportunity for an owner-operator or experienced convenience store operator to improve efficiencies, expand product offerings, and further increase sales volume. The station is offered unbranded with no fuel supply agreement in place, allowing a new owner flexibility to negotiate favorable supply terms or pursue a future rebranding strategy. With established operations, strong surrounding demographics, recent capital improvements, and upside potential, this offering represents an attractive opportunity within the growing Space Coast market. Investment Highlights: • Established Convenience Store & Gas Station located along heavily traveled Sarno Road in Melbourne • Multiple Revenue Streams – Additional income

Market Context

This retail in Melbourne, FL is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1982. Compare it against other retail listings for sale in Melbourne, FL — view the full market.

Estimated Price per SF

$63.23/SF – $459.84/SF

Mid: $191.60/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

Contact

Explore this market

Similar Retail Business for Sale in Melbourne, FL